3 ms·
> A couple months ago, I found that particular bridge was next to an office building inhabited by some of my old colleagues. A start-up I had been a part of in
by saagarjha 9mo ago
> A couple months ago, I found that particular bridge was next to an office building inhabited by some of my old colleagues. A start-up I had been a part of in New York. Where I was the first employee. I had owned equity. They had eventually sold for $350 million.
It is depressing easy to have this happen and even worse how many people are convinced it could never be them.
- mettamage 9mo agoFor what it's worth: I know it could be me. I'm currently with tens of thousands of dollars in savings (in Europe, not American) but it could still be me. I'm quite afraid of it actually and I live every day so that it won't be me. I've noticed that reduces chances significantly, not to zero, but significantly.
- KellyCriterion 9mo agoPut your funds in some diversified dividend ETFs and you will be quite fine.
- saagarjha 8mo agoTens of thousands of dollars seems difficult to live on
- KellyCriterion 8mo agoAs I understood the current state is "saving money and getting a little return would be OK", since he is still employed? For sure, if the jo is lost in an expensive town, this money does not hold long.
- mettamage 8mo agoYea it's this. I have a job, I'm fine. I have 1 to 2 years of runway if I lose my job. I've been twice in a situation in my life where it took me 1 to 1.5 years to find a new job. During those times I lived for free at a family member's place so I was totally fine. But I know how dangerous things can get if I don't watch out. And even then still. Sometimes fate just hits you in the face.
- Gud 8mo agoDon’t be so sure. Funds can dwindle fast. Keep your hands on the steering wheel, eyes on the road
- KellyCriterion 8mo agoand the money even faster on the cash bank account? :)